Cheap Homes for Rent in Midtown Richmond Neighborhood of Richmond, VA from $900 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Midtown Richmond area of Richmond.

property at 14 W Broad St

14 W Broad St

RichmondVA23220
property at 1333 W Broad St

1333 W Broad St

RichmondVA23220
property at 123 E Broad St

123 E Broad St

RichmondVA23219

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Midtown Richmond, Richmond, VA Local Guide

Cheapest Available Midtown Richmond Apartments for Rent

 

The cheapest available apartment rental in the Midtown Richmond area of Richmond, VA is a Studio unit found at Towers on Franklin priced from $949. Eagle Mill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Midtown Richmond apartments for rent in Richmond, VA:

Apartment ListingModel NameBed/BathPriced From
Towers on FranklinRodneyStudio,1BA$949
Eagle Mill Lofts2bed 1bth2BR,1BA$950
District Square Apartments1Bd1Ba--5901BR,1BA$1,117
The Mezzo LoftsMosaic Gallery - 1 Bedroom 1 Bath1BR,1BA$1,136
Landmark at Marshall BroadThe AdamsStudio,1BA$1,136

Best Value Apartments for Rent in Midtown Richmond, VA

As of April 28, 2025 the best value apartment in the Midtown Richmond area is the $1.76 price per square foot The Ownby Model at The Westbrook Townhomes at Brewers Row in the in the Bellevue neighborhood starting from $3,080. The second greatest value Midtown Richmond apartment is the 1714 W Cary St Model at 1714 W Cary St, Unit 4 starting at $2,900 with a $1.75 price per square foot in the Near West neighborhood. Here is today’s list of the best values for Midtown Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbrook Townhomes at Brewers RowThe Ownby3BR,2.5BA$1.76
1714 W Cary St, Unit 41714 W Cary St2BR,2.5BA$1.75
Marshall Park4x2 - Priced Per Bedroom4BR,2BA$0.51
Park Plaza @ Belvidere2BR/2.0BA2BR,2BA$1.34
16 W Broad St, Unit Apartment 116 W Broad St3BR,2BA$1.36
1706 Floyd Ave, Unit B1706 Floyd Ave2BR,1BA$1.54
206 N 1st St, Unit 206 N 1st Street206 N 1st St2BR,1.5BA$1.82
511 W Marshall St, Unit 101511 W Marshall St2BR,1BA$1.80
The BerkshirePark1BR,1BA$1.34
Cookie Factory Lofts1 Bed/ 1.5 Bath1BR,1.5BA$1.81

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Midtown Richmond

What type of rentals are currently available in Midtown Richmond?

There are currently 392 Apartments for Rent in Midtown Richmond, VA with pricing that ranges from $750 to $5,175. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Richmond ranging from $900 to $3,950.

What is the current price range for Rental Homes in Midtown Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Richmond ranges from $900 to $3,950 with an average monthly rent of $2,456.

How much are larger Three and Four Bedroom Rentals in Midtown Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Richmond range from $879 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $750.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.